Speech by Philip R. Lane, Member of the Executive Board of the ECB, at Bruegel | Introduction There are three main analytical challenges in assessing the economic and inflation outlook for the euro area. First, the pandemic remains a first-order driving force. Over the winter, pandemic restrictions still limited economic activity in the euro area. While these restrictions are currently being lifted and case numbers are declining, the current set of restrictions in China is contributing to a further wave of...

In order to unleash the full potential of health data, the European Commission is presenting a regulation to set up the European Health Data Space. This proposal supports individuals to take control of their own health data, supports the use of health data for better healthcare delivery, better research, innovation and policy making and enables the EU to make full use of the potential offered by a safe and secure exchange, use and reuse of health data. The European Health...

Plenary adopts 49 proposals (more than 300 measures) for wide-ranging reforms Parliament’s delegation decided by broad majority to support the proposals MEPs will, based on citizens’ demands, seek to formally initiate amending the Treaties Citizens’ feedback on proposals overwhelmingly positive, plea for swift follow-up The Conference Plenary concluded its work, with MEPs expressing their approval of the outcome and announcing that Parliament intends to kick-start EU reforms. At its final meeting, that took place on Friday and Saturday at the...

STATEMENT BY THE U.S. DEPARTMENT OF STATE: The Internet has been revolutionary. It provides unprecedented opportunities for people around the world to connect and to express themselves, and continues to transform the global economy, enabling economic opportunities for billions of people. Yet it has also created serious policy challenges. Globally, we are witnessing a trend of rising digital authoritarianism where some states act to repress freedom of expression, censor independent news sites, interfere with elections, promote disinformation, and deny their...

The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail. This is unjustified and unacceptable. And it shows once again the unreliability of Russia as a gas supplier. We are prepared for this scenario. We are in close contact with all Member States. We have been working to ensure alternative deliveries and the best possible storage levels across the EU. Member States have put...

The European Commission has proposed today to suspend for one year import duties on all Ukrainian exports to the European Union. The proposal, which is an unprecedented gesture of support for a country at war, would also see the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel exports. This far-reaching step is designed to help boost Ukraine's exports to the EU. It will help alleviate the difficult situation of Ukrainian producers and...

Interview with El Correo (Grupo Vocento) | Interview with Luis de Guindos, Vice-President of the ECB, conducted by Adolfo Lorente and Manu Álvarez on 26 April | Will interest rates already rise in July? It will depend on the data and the new macroeconomic projections in June. In April the ECB’s Governing Council decided that asset purchases will end in the third quarter. In my opinion, there’s no reason why this shouldn’t happen in July. Rates will rise after that. Exactly...